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HomeMy WebLinkAboutR-2008-106 FAU Dania Beach Second Addendum RESOLUTION NO. 2008-106 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A SECOND ADDENDUM TO THE 1996 LEASE AND LICENSING AGREEMENT EXISTING BETWEEN THE CITY AND FLORIDA ATLANTIC UNIVERSITY BOARD OF TRUSTEES TO ALLOW FOR THE TRANSFER OF THE LEASE AND LICENSE RIGHTS FROM FAU TO THE CITY IN CONNECTION WITH THE AREA CURRENTLY KNOWN AS THE DANIA BEACH MARINA, LOCATED ADJACENT TO THE FAU/SEATECH FACILITY IN THE CITY; PROVIDING FOR FUNDING; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. That the proper City officials are authorized to execute a Second Addendum to the 1996 Lease and Licensing Agreement existing between the City and the Florida Atlantic University Board of Trustees, to allow for the transfer of the lease and license rights from FAU to the City in connection with the area currently known as the Dania Beach Marina, located adjacent to the FAU/Seatech facility. Section 2. That the Director of Finance is authorized to appropriate the funding from Unreserved Undesignated Fund Balance in the amount of $346,288 and adjust the budget accordingly. Section 3. That the City Manager and City Attorney are authorized to make minor revisions to the Second Addendum Agreement which are deemed necessary and proper for the best interests of the City. Section 4. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 5. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED and ADOPTED on June 10, 2008. ALBERT C. JON MAYOR—COM SSIONER GATT/TEST: - =:Wv LOUISE STILSON, C C CITY CLERK 1 APPROVED AS TO RM CORRECTNESS: BY: THO AS . SB O CITY A ORNEY 2 RESOLUTION#2008-106